• Indonesia's Banking Sector: A Comprehensive Analysis

  • Feb 6 2025
  • Length: 15 mins
  • Podcast

Indonesia's Banking Sector: A Comprehensive Analysis

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  • Summary

  • This podcast provides a comprehensive overview of Indonesia's banking sector through a case study published by Open Access Cases, tracing its evolution from the Dutch colonial era to its current phase of rapid digital transformation. The analysis explores key historical periods, including nationalization and the Asian Financial Crisis, highlighting the impact of major legislation and regulatory changes. Furthermore, it examines the rise of digital banking and fintech, the resulting increase in competition, and the challenges posed by cybersecurity threats and economic fluctuations. Finally, it discusses the strategic initiatives of the Indonesian Financial Services Authority (OJK) to promote financial inclusion, literacy, and sustainable growth within the sector. Episode Art Source: A Bank Negara Indonesia branch in Jakarta. Photographer: Dimas Ardian/Bloomberg
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